CLP Holdings (SHSC:2) - Stock Price, News & Analysis

2 Stock Overview

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. More details

2 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	0/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 33.6% below our estimate of its fair value

Earnings are forecast to grow 11.46% per year

Risk Analysis

Large one-off items impacting financial results

Has a high level of debt

Dividend of 4.77% is not well covered by earnings

CLP Holdings Limited Competitors

CK Infrastructure Holdings

SEHK:1038

HK$136.6b

Power Assets Holdings

SEHK:6

HK$108.2b

HK Electric Investments and HK Electric Investments

SEHK:2638

HK$46.1b

Sichuan Energy Investment Development

SEHK:1713

HK$2.2b

Price History & Performance

Summary of all time highs, changes and price drops for CLP Holdings
Historical stock prices
Current Share Price	HK$65.05
52 Week High	HK$73.20
52 Week Low	HK$58.80
Beta	0.58
11 Month Change	-2.62%
3 Month Change	-7.86%
1 Year Change	7.97%
33 Year Change	-14.86%
5 Year Change	-18.64%
Change since IPO	-3.70%

Recent updates

Shareholder Returns

	2	HK Electric Utilities	HK Market
7D	-2.3%	0.3%	-2.1%
1Y	8.0%	21.3%	9.7%

Return vs Industry: 2 underperformed the Hong Kong Electric Utilities industry which returned 21.3% over the past year.

Return vs Market: 2 underperformed the Hong Kong Market which returned 9.7% over the past year.

Price Volatility

Is 2's price volatile compared to industry and market?
2 volatility
2 Average Weekly Movement	2.0%
Electric Utilities Industry Average Movement	2.6%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.1%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 2 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1901	8,159	Tung Keung Chiang	www.clpgroup.com

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar. It is also involved in the provision of pumped storage services, and energy and infrastructure solutions; property investment activities; and retail of electricity and gas.

CLP Holdings Limited Fundamentals Summary

How do CLP Holdings's earnings and revenue compare to its market cap?
2 fundamental statistics
Market cap	HK$164.35b
Earnings (TTM)	HK$7.55b
Revenue (TTM)	HK$87.95b

21.8x

P/E Ratio

1.9x

P/S Ratio

Is 2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2 income statement (TTM)
Revenue	HK$87.95b
Cost of Revenue	HK$56.82b
Gross Profit	HK$31.13b
Other Expenses	HK$23.58b
Earnings	HK$7.55b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.99
Gross Margin	35.39%
Net Profit Margin	8.58%
Debt/Equity Ratio	54.9%

How did 2 perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

104%

Payout Ratio

Does 2 pay a reliable dividends?

See 2 dividend history and benchmarks

When do you need to buy 2 by to receive an upcoming dividend?
CLP Holdings dividend dates
Ex Dividend Date	Dec 02 2024
Dividend Pay Date	Dec 13 2024
Days until Ex dividend	5 days
Days until Dividend pay date	16 days

Does 2 pay a reliable dividends?

See 2 dividend history and benchmarks

2 Stock Overview

Rewards

Risk Analysis

CLP Holdings Limited Competitors

SEHK:1038

HK$136.6b

SEHK:6

HK$108.2b

SEHK:2638

HK$46.1b

SEHK:1713

HK$2.2b

Price History & Performance

Recent News & Updates

Dividend of HK$0.63 announced

CLP Holdings Limited Appoints Kung Yeung Yun Chi Ann as Independent Non-Executive Director and Member of Audit & Risk Committee and Finance & General Committee

Dividend of HK$0.63 announced

First half 2024 earnings released: EPS: HK$2.36 (vs HK$2.00 in 1H 2023)

CLP Holdings Limited Declares Second Interim Dividend of for the Year Ending 31 December 2024, Payable on 13 September 2024

Fourth quarter dividend of HK$0.63 announced

Recent updates

Dividend of HK$0.63 announced

CLP Holdings Limited Appoints Kung Yeung Yun Chi Ann as Independent Non-Executive Director and Member of Audit & Risk Committee and Finance & General Committee

Dividend of HK$0.63 announced

First half 2024 earnings released: EPS: HK$2.36 (vs HK$2.00 in 1H 2023)

CLP Holdings Limited Declares Second Interim Dividend of for the Year Ending 31 December 2024, Payable on 13 September 2024

Fourth quarter dividend of HK$0.63 announced

CLP Holdings Limited to Report Q1, 2024 Results on May 13, 2024

Upcoming dividend of HK$1.21 per share

Fourth quarter dividend of HK$1.21 announced

CLP Holdings Limited Announces Board Changes

Full year 2023 earnings released: EPS: HK$2.63 (vs HK$0.37 in FY 2022)

CLP Holdings Limited, Annual General Meeting, May 03, 2024

CLP Holdings Limited to Report Fiscal Year 2023 Results on Feb 26, 2024

CLP Holdings Limited Announces CFO Changes

Upcoming dividend of HK$0.63 per share at 5.1% yield

CLP Holdings Limited Declares Third Interim Dividend for the Year Ending December 31, 2023, Payable on December 15, 2023

CLP Holdings Limited Announces Board Changes

Upcoming dividend of HK$0.63 per share at 5.2% yield

First half 2023 earnings released: EPS: HK$2.00 (vs HK$1.92 loss in 1H 2022)

CLP Holdings Limited Announces Declaration of Second Interim Dividend for the Year Ending 31 December 2023, Payable on 15 September 2023

CLP Holdings Limited Announces Board and Committee Changes

Now 22% undervalued

CLP Says It Is Seeking ‘Long-Term Partner’ for EnergyAustralia

Upcoming dividend of HK$0.63 per share at 5.4% yield

CLP Holdings Announces Appointment of Ms Wang Xiaojun Heather as an Independent Non-Executive Director and A Member of Board Committees, Effective from 16 May 2023

CLP Holdings Limited Announces Retirement of Law Fan Chiu Fan Fanny as Board of Director

Upcoming dividend of HK$1.21 per share at 5.5% yield

Full year 2022 earnings released: EPS: HK$0.37 (vs HK$3.36 in FY 2021)

CLP Holdings Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

CLP Holdings Limited Announces Appointment of Non-Executive Director and Changes in Board and Board Committees Positions

CLP Holdings Limited Announces the Appointment of Mr. Ling Michael Hin Yau as Joint Company Secretary to Take Effect from 1 January 2023

Non-Executive Vice Chairman recently sold HK$22m worth of stock

Upcoming dividend of HK$0.63 per share

CLP Holdings Announces Executive Changes

CLP Holdings Limited Appoints Chan Bernard Charnwut as an Independent Non-Executive Director and Member of the Sustainability Committee, Effect from 18 October 2022

Upcoming dividend of HK$0.63 per share

Clp Holdings Limited Announces Declaration of Second Interim Dividend for the Year Ending 31 December 2022, Payable on 15 September 2022

First half 2022 earnings released: HK$1.92 loss per share (vs HK$1.83 profit in 1H 2021)

CDPQ Infrastructures Asia II Pte. Ltd agreed to acquire an additional 10% stake in Apraava Energy Private Limited from CLP Holdings Limited (SEHK:2) for INR 6.6 billion.

CLP Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ending 30 June 2022

Upcoming dividend of HK$0.63 per share

CLP Holdings Limited Declares First Interim Dividend for 2022, Payable on 15 June 2022

Upcoming dividend of HK$1.21 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

CLP Holdings Limited Declares Fourth Interim Dividend, Payable on 24 March 2022

CLP Holdings Limited to Report Q4, 2021 Results on Feb 28, 2022

Upcoming dividend of HK$0.63 per share

Upcoming dividend of HK$0.63 per share

First half 2021 earnings released: EPS HK$1.83 (vs HK$2.38 in 1H 2020)

Group Director and Chief Strategy & Transformation Officer Geert Herman Peeters has left the company

Non-Executive Director recently bought HK$395k worth of stock

Upcoming dividend of HK$0.63 per share

Clp Holdings Limited Declares the First Interim Dividend for 2021, Payable on 15 June 2021

New 90-day high: HK$75.20

CLP Holdings Limited to Report Fiscal Year 2020 Final Results on Mar 08, 2021

Full year 2020 earnings released: EPS HK$4.53 (vs HK$1.84 in FY 2019)

Revenue misses expectations

CLP Holdings Limited to Report Fiscal Year 2020 Results on Feb 22, 2021

New 90-day low: HK$71.15